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R51-billion crypto hack shocker hits South African investors
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Brothers Bitcoin heist sees entrepreneurs flee with £2 5 billion in crypto cash
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The biggest scam in the history of cryptocurrencies?
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South African Brothers Escape With $3 6 Billion In Bitcoin
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Africrypt âhackâ of nearly R54bn dwarfs Mirror Trading
The founders of the company, Raees and Ameer Cajee, have reportedly disappeared to the UK â while investigators say the âhackâ reeks of something more sinister. 00:01
It seems the funds âwere subjected to various dark web tumblers and mixers, resulting in severe fragmentationâ. Image: AdobeStock
While hundreds of thousands of investors were scrambling to find out what happened to funds they had invested in failed crypto scam Mirror Trading International (MTI), a far bigger crypto disappearing act was playing out without hardly anyone paying attention.
Africrypt, which reportedly counts several high profile South Africans and celebrities among its investors, was hacked on or about April 13.